Business Directories

Bahraini Islamic investment firm GFH plans to make a $230 million sukuk issue this year to help it fund acquisitions of two to three regional companies, the bank's chairman said.
The bank sold $170 million of convertible sukuk

InterContinental Hotels Group, one of the world's largest hoteliers, has agreed to buy US-focused Kimpton Hotels & Restaurants for $430 million to boost its exposure to the faster-growing boutique hotel sector.
IHG, home t

A total of 299 merger and acquisition transactions were completed in the first six months of the year in the oil and gas industry globally, one less than in the same period a year earlier.
The total value of deals in the first hal

Turkish state-run Ziraat Bank scrapped talks to acquire Bank Asya on Thursday, deepening concerns over the Islamic lender's future and making it more likely it will be seized by the state.
Bank Asya's profits and capital b

Roche plans to steer clear of the wave of big takeovers sweeping through the healthcare industry and focus instead on small acquisitions and partnerships, the Swiss drugmaker's chief executive said in an inte

Saudi Arabia’s Construction Products Holding Company (CPC) said it has completed the acquisition of Sphinx Glass, a 200,000-ton-per-annum, float glass production facility in Egypt.
The Saudi firm signed a sale and purchase a

Kalaam Telecom has announced that with the completion of acquisition of Lightspeed it has become the second largest corporate service provider in Bahrain.
It now has a cumulative client base of more than 4,000 customers across all

NBK Capital, a subsidiary of the National Bank of Kuwait (NBK) said it advised Kuwaiti conglomerate Mezzan Holding Company in its recent acquisition of UAE-based Unitra Mets Group (UMG), a leading beverage distributor.
Mezzan acqu

Abu Dhabi's state-owned fund International Petroleum Investment Co has repaid in full a $2 billion loan that its unit took out in 2011 to finance the purchase of a stake in Malaysian bank RHB Capital, banking sources aware of the matter said

Danone, a food products multinational company, has signed a deal to join with the Abraaj Group, a leading investor operating in growth markets, in the acquisition of Fan Milk International.
Fan Milk is a leading manufacturer and d